The automakers, which together rank third in global vehicle sales, sold 7.23 million vehicles in 2024, slipping 1% from 2023 as solid US sales were offset by sluggish demand in Europe and their home market.
The two carmakers are bracing for the slowing economy and political uncertainties in the United States and South Korea that threaten to dampen demand.
This story is from the January 04, 2025 edition of Financial Express Mumbai.
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This story is from the January 04, 2025 edition of Financial Express Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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